Business record checks (BRCs) involve someone from HMRC visiting you to look at your business records so that, if necessary, they can point out areas of improvement (only the most cynical would suggest that they were also used to identify cases for launching a full-blown investigation). The BRC programme came to an abrupt halt at the start of this year, Continue Reading
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Seminar Success ‘The Four Ways To Grow Your Business’
McCleary & Company held their fourth and final seminar of 2012 at the Discovery Centre, Oxford Island, Lurgan on 13th November. In excess of 30 local business people attended this event that explored the 'Four Ways To Grow Your Business'. Feedback was excellent with participants rating the value of the event at an average of 9 out of 10. We Continue Reading
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HIGH NET WORTH UNIT
You may be delighted if HMRC use this unit to look after your tax, as it means you have substantial assets. However, according to HMRC it also means that you are more likely to be inclined to seriously consider a variety of ways of reducing your tax bill! Cases looked after by HNWU are regarded as higher risk. Each taxpayer Continue Reading
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HMRC Receives List of UK Residents with HSBC Accounts in Jersey
This week HMRC has received a detailed list of the names, addresses and account balances of every British client with an account held in Jersey with HSBC. According to a report in the Daily Telegraph, the list identifies 4,388 British people holding £699 million in offshore current accounts, with an average amount held of £337,000. One investment manager has more Continue Reading
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